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Topic: Are genuine bitcoin users staying while speculators go away? (Read 1901 times)

legendary
Activity: 1470
Merit: 1030
People look at the bubble and say "Oh look it's volatile, don't go into it".

Other people say "Get into it while you still can!"
legendary
Activity: 1190
Merit: 1004
People look at the bubble and say "Oh look it's volatile, don't go into it".
legendary
Activity: 1470
Merit: 1030
It didn't benefit from the foolish speculators that inflated the bubble and sold off.

It did. A lot of the coverage of Bitcoin mentioned the huge run up in price. It got a lot more coverage because of the get-rich-quick angle.
legendary
Activity: 1190
Merit: 1004
I'm both a speculator and a user. Bitcoin benefits from both speculators and users.

It didn't benefit from the foolish speculators that inflated the bubble and sold off.

I don't know what other explanations there would be for the stable nodes?
legendary
Activity: 1764
Merit: 1015
Thats the hope  Cheesy.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
Your theory is probably true to some extent. But we don't know if that extent is very tiny or very large Smiley
legendary
Activity: 1470
Merit: 1030
I'm both a speculator and a user. Bitcoin benefits from both speculators and users.
hero member
Activity: 700
Merit: 500
daytrader/superhero
nope. im a speculator.
legendary
Activity: 1190
Merit: 1004
Well the active nodes have maintained the volumes, doesn't that warrant some analysis?
legendary
Activity: 1246
Merit: 1016
Strength in numbers
I dunno, sounds like you are speculating to me.  Tongue
legendary
Activity: 1190
Merit: 1004
Is it fair to say that because the bitcoin exchanges use universal bitcoin wallets to enable instant transactions between accounts, the nodes on the network should be biased towards bitcoin users which do not hold speculative positions on exchange accounts?



Does this mean the genuine users of bitcoin have stayed which is a good sign for bitcoin? Or is this a flawed assessment?
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